Never mind that the stock market is hitting historic highs — pay attention to profits. Several money managers, some of whom say there will be a recession in 2020, are worried that profit levels are declining. Profits, the lifeblood of an expanding economy and a booming stock market, are starting to run down, they note. Declining profits are often a […]

Carter Page plans on going after FBI agents who spied on him Former Trump campaign associate Carter Page reacts to IG report on ‘Hannity.’ Former Trump campaign aide Carter Page told "Hannity" on Monday that he has a team of attorneys looking over the Justice Department inspector general's report for subjects of potential lawsuits, claiming that his reputation was badly damaged by […]

Pelosi on impeachment: Sad time for our country Reaction from former Clinton adviser Richard Goodstein. House Democrats believe they have the 217 votes needed to pass articles of impeachment against President Trump stemming from his Ukraine call — enough votes to impeach Trump and send articles to the Senate — even before their planned hearings or formal investigation. A senior […]

It's an easy time to get pigeonholed as an angry young person. So, let me start by assuring you I am neither. Neither angry nor, increasingly and on some measures, particularly young. So let’s just say I am disappointed. Disappointed at once again seeing – as I regularly have over an almost 15-year career observing policy making in the area […]

The nation's top regulators appear to be breathing a sigh of relief, saying financial stability risks caused by falling house prices have "abated somewhat," as values bounce back in Sydney and Melbourne. In its latest quarterly update on systemic issues facing the financial system, the Council of Financial Regulators (COFR) on Monday toned down its concerns about the availability of […]

Economist Robert Shiller thinks his peers have missed something big. Most experts in his sphere believe the cogs of the economy are turned by policies and mathematics. But Nobel Prize-winning Shiller has always sought out the human side of the so-called dismal science. Shiller has famously predicted the last two economic crises to topple the US economy.Credit:AP He instead sees […]

Larry Kudlow on minimum wage White House economic adviser Larry Kudlow on $20 minimum wage. White House economic adviser Larry Kudlow said on Tuesday that the U.S. economy is thriving and the minimum wage is headed toward $20. Continue Reading Below “We have tremendous prosperity. We are growing across the board. Unemployment is down. Wages are up. Consumers are booming — it’s […]

More than 100,000 families will lose some or all of their family tax benefits under changes that took effect this month. New household income thresholds for Family Tax Benefit Part A apply from July 1, affecting thousands of Australian families, following legislation that passed last year. Families on higher incomes to see their Family Tax Benefit A reduced or cut […]

A nurse assists a patient. (Photo: jacoblund / Getty Images) The majority of hospices in the United States have at least one problem with their care, according to a government watchdog investigation. More than 80% of the 4,563 hospice centers that provide care to Medicare beneficiaries surveyed nationwide between 2012 and 2016 had at least one deficiency, according to a July report from […]

I wrote a book about political compromise, but I am getting less interested in it all the time. For decades as a reporter I covered politicians in both parties, and admired them for making deals that inched the ball forward for everyone. My personal views were liberal, but I saw the value of each side acting as a check and balance on the other: Republicans asking practical questions about big new programs, Democrats blunting the plutocratic aspects of conservative-style capitalism. Win-win was what it was all about, I believed, and wrote. Both […]